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Marks and Spencer says turnaround plan working as it upgrades profit targets

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Marks & Spencer has said its turnaround plan is working as the retailer upgraded its profit targets after strong food and clothing sales. Shares soared...

Bidding war heats up at Morrisons with new £7bn bid by US private equity...

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US private equity firm Clayton, Dubilier & Rice (CD&R) has announced a new £7 billion bid for supermarket Morrisons. The deal has been unanimously accepted...

John Lewis launches savings accounts amid push away from retail

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John Lewis will offer new savings accounts for customers amid a diversification push away from retail. The high street institution’s Individual Savings Accounts for both...

Business rates plans will make appeals more onerous and expensive, advisers warn

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The Government’s latest proposals for business rates reform will create more difficulties for businesses launching appeals than benefits, property consultants have warned. Experts at real...

Just Eat delivers 135m orders in six months

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The number of orders placed on Just Eat in the UK soared by 58 million in the first six months of 2021 to 135...

Hotter reports double hike in casual shoe sales through lockdowns and beyond

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Hotter, the comfort footwear brand, which has more than 4 million customers worldwide, has this week announced that the sale of active and outdoor...

Strong back-to-school shopping season expected in coming weeks, study suggests

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UK retailers are gearing up for a strong back-to-school shopping season in the coming weeks as “brick and mortar browsing” regains momentum, research suggests. Retail...

Investors look to earnings and US strategy in Just Eat’s results

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Food delivery company Just Eat Takeaway.com is expected to report a drop to negative earnings in the first six months of the financial year. Investors...

Boohoo to create 5,000 jobs in expansion plans

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Online retailer boohoo has announced plans to create 5,000 jobs by expanding its warehouse and building new IT systems over the next five years. The...

Deliveroo doubles orders despite lifting of lockdown

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Takeaway logistics company Deliveroo doubled the number of orders it received through its app in the first six months of the year. The business said...

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